DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Mobile Payment Security Software Market 2016-2020" report to their offering.
The global mobile payment security software market to grow at a CAGR of 23.7% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global mobile payment security software market for 2016-2020. To calculate the market size, the analyst considers the revenue generated from the installation of mobile payment security software in mobile devices that only cover smartphones and tablets. The report also includes a discussion of the key vendors operating in this market.
A key trend which is boosting market growth is the introduction of mobile biometrics. With an increase in the use of mobile devices for conducting financial and e-commerce transactions, the security of personal data has become a major concern. A number of biometric technologies such as fingerprint recognition, voice recognition, iris recognition, signature recognition, keystroke recognition, and facial recognition are being integrated into mobile devices, which will ensure authorized access to personal data transmitted through wireless networks. It will ensure the security of data and prevent fraudulent activities.
According to the report, a key growth driver is the increased use of wireless networks. With an increase in the adoption of mobile devices among individual consumers, the use of wireless networks such as 2G and 3G has increased. With high adoption of LTE for conducting payment transactions on mobile devices such as smartphones and tablets, the instances of cyber-attacks have increased. This is likely to increase the number of identity thefts resulting in unauthorized access to secure financial information. This has increased the need for mobile payment security software, which will support the market growth.
- CA Technologies
Other prominent vendors
- Chase Paymentech Solutions
- HP Enterprise
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Assumptions
Part 05: Introduction
Part 06: Market description
Part 07: Market developments
Part 08: Market landscape
Part 09: Product life cycle analysis
Part 10: Geographical segmentation
Part 11: Buying criteria
Part 12: Market drivers
Part 13: Impact of drivers
Part 14: Market challenges
Part 15: Impact of drivers and challenges
Part 16: Market trends
Part 17: Impact of trends
Part 18: Five forces model
Part 19: Vendor landscape
Part 20: Description of vendors
Part 21: Vendor matrix
Part 22: Other prominent vendors
Part 23: Appendix
For more information visit http://www.researchandmarkets.com/research/7ffbtx/global_mobile